Learn key strategies for evaluating long-term care insurance options and finding coverage that protects your financial future.

Long-term care insurance can help pay for care needs, but it’s important to be aware of the elimination period and inflation ...

Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Long-term care insurance - a product that's designed to help cover the cost of services like nursing homes and home health aides - is typically best purchased when you're young and your potential need ...

Did you know that a private room in a nursing home costs, on average, about $9,800 per month in 2024? And, while home health aides cost less on average, the nearly $6,000 per month price tag can still ...

Our team collected more than 60,000 sample quotes from life insurance companies using unique user profiles to give readers an accurate view of pricing across competitors. We gather quotes for ages 18 ...

Forbes contributors publish independent expert analyses and insights. Steve Vernon, FSA, helps retirees make their money last for life. “Should I buy long-term care insurance?” I’m often asked this ...

Many older adults have concluded that they’re better off covering long-term care expenses out of their own pockets if they end up needing it. Years of rising premiums on long-term care insurance, ...

“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...

Navigating long-term care insurance decisions can be overwhelming, and the challenges will only increase after the recent presidential election. The reality is that senior care will not be a priority ...